Norges Bank Portfolio holdings
Norges Bank, established in 1816 and headquartered in Oslo, Norway, serves as the central bank of Norway, responsible for monetary policy, issuing the Norwegian krone, and maintaining financial stability. Beyond its traditional central banking role, it oversees the management of the Government Pension Fund Global (often called the Norwegian Oil Fund), one of the world’s largest sovereign wealth funds, valued at over $1 trillion, which invests Norway’s oil and gas revenues in global equities, bonds, and real estate. The fund’s investment arm, Norges Bank Investment Management (NBIM), operates independently to ensure long-term wealth preservation for future generations, emphasizing sustainable and ethical investing practices. With its dual role, Norges Bank uniquely blends central banking duties with stewardship of a massive global investment portfolio.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$67B |
| 2 |
Apple
AAPL
|
+$54.6B |
| 3 |
Microsoft
MSFT
|
+$41.6B |
| 4 |
Amazon
AMZN
|
+$35.3B |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$29.1B |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 35.64% |
| 2 | Financials | 13.2% |
| 3 | Consumer Discretionary | 9.65% |
| 4 | Communication Services | 9.61% |
| 5 | Healthcare | 9.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1601
Symbotic
SYM
$5.34B
| $555K | ﹤0.01% |
+12,340
| New | +$629K |
|
1602
Enviri
NVRI
$633M
| $489K | ﹤0.01% |
+22,269
| New | +$445K |
|
1603
Innoviva
INVA
$1.51B
| $465K | ﹤0.01% |
+20,468
| New | +$469K |
|
|
HUT
1604
Hut 8
HUT
$10.7B
| $448K | ﹤0.01% |
+3,879
| New | +$376K |
|
1605
Liquidity Services
LQDT
$1.31B
| $445K | ﹤0.01% |
+11,364
| New | +$402K |
|
1606
Klaviyo
KVYO
$5.58B
| $415K | ﹤0.01% |
+27,514
| New | +$456K |
|
1607
Caleres
CAL
$421M
| $382K | ﹤0.01% |
+30,888
| New | +$401K |
|
1608
Ardagh Metal Packaging
AMBP
$3.09B
| $379K | ﹤0.01% |
+80,022
| New | +$329K |
|
1609
Evolent Health
EVH
$519M
| $344K | ﹤0.01% |
+63,454
| New | +$243K |
|
1610
Kodiak Sciences
KOD
$2.46B
| $298K | ﹤0.01% |
+7,651
| New | +$298K |
|
1611
Petco
WOOF
$774M
| $286K | ﹤0.01% |
+105,328
| New | +$292K |
|
|
GME.WS
1612
GameStop Corp Warrants
GME.WS
| $262K | ﹤0.01% |
+93,877
| New | +$317K |
|
1613
Root
ROOT
$853M
| $256K | ﹤0.01% |
+4,577
| New | +$244K |
|
1614
Bilibili
BILI
$7.02B
| $194K | ﹤0.01% |
+11,397
| New | +$231K |
|
1615
Neogen
NEOG
$2.56B
| $147K | ﹤0.01% |
+16,366
| New | +$150K |
|
1616
AMC Entertainment Holdings
AMC
$2.41B
| $146K | ﹤0.01% |
+76,909
| New | +$132K |
|
1617
Sprout Social
SPT
$669M
| $116K | ﹤0.01% |
+15,365
| New | +$100K |
|
Similar funds
Norges Bank's Q2 2026 Portfolio in Review
As of Q2 2026, Norges Bank held 1,617 positions worth $1T. Its ten largest holdings account for 32% of the portfolio.
Norges Bank deployed $972B of net new capital in Q2 2026, opening 1,617 new positions. Its largest new stake was NVIDIA: 325,951,734 shares worth $65.2B.
By sector, the portfolio is most concentrated in Technology at 36% of assets, followed by Financials and Consumer Discretionary.
- Norges Bank's largest Q2 2026 buy was NVIDIA: 325,951,734 shares worth $65.2B.
- Norges Bank's ten largest holdings make up 32% of its $1T portfolio in Q2 2026.
- Norges Bank opened 1,617 new positions and closed 0 in Q2 2026.
Based on Norges Bank's 13F filing for Q2 2026, filed 12 Aug 2026.